The tried and true rule is what's the commercial application why would somebody in that commercial application buy this name how would they justify it. Then work backwards from there to establish what the price should be yeah. If you can make a if you can make an absolute minimum five x or ideally a ten or twenty x you should make that purchase but you should stay within the confines of this is the commercial application that i see most suited to this domain.
What do successful domain name investors think when they value domain names?
In this show:
- The Sherpas play The Domain Game (starting at the 11:57 mark), where they guess what certain domains were bought and sold for and discuss the reasons behind their evaluations. Today's domains are DLVRY.com, InMind.com, Weed.tv, and DevilsAdvocate.com;
- They review a list of domains about to come up for auction on NameJet.com, including TeamLink.com, ThirdPlanet.com, LongTermLoans.com and BottleCaps.com;
- They get an update on Josh's Pickleball exploits;
- They talk to Barman about his journey in domaining going from DNAcademy to profitability in the last few years;
- Also, DomainSherpa is now integrating with Muse.ai for episode transcripts and an AI-driven video player to easily look for topics, words, phrases, etc., and jump to the points in the video where they occur. Let us know your feedback!
- Plus, all DomainSherpa podcasts are now up on our YouTube channel at DS.tv and much more!
JT is joined by Drew, Josh, and making his debut on Sherpa, Barman - so be sure to tune in!!